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Behind The ScreenBehind The Screen
Home»Fintech»Elon Musk’s ‘X’ app will be a WeChat-like super app
Fintech

Elon Musk’s ‘X’ app will be a WeChat-like super app

October 14, 2022No Comments3 Mins Read
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Elon Musk has a aptitude for the dramatic. The person spent months attempting to get out of shopping for Twitter, solely to do an about-turn and categorical his need to accumulate it. There are numerous theories behind why he modified his thoughts. One among them is ‘X, the every thing app.’ Let’s take a look at what this all-encompassing app may very well be.
Why does this story matter?
  • Musk desires to purchase Twitter for a similar value as he supplied the primary time. And he desires to do it this month itself.
  • Whereas the world tries to grasp his choice, the eccentric billionaire with a love for the letter X (X.com, SpaceX, Mannequin X, X Holdings…) might be serious about an app that may change the way in which the free world capabilities.
What’s the ‘X’ app?
A ‘tremendous app’ able to doing every thing {that a} consumer can think about. An app that may perform as a one-stop store for each digital want of a shopper. Does this vivid description ring a bell? Does it sound like we’re speaking about ‘WeChat‘? That is what Musk meant by the ‘X’ app – an app that’s extra than simply an app.
Tremendous app

A brilliant app must occur someway: Musk

Musk has been speaking a few tremendous app for some time. On the All-In podcast earlier this 12 months, he mentioned, “It’s both convert Twitter to that or begin one thing new. It does have to occur someway.” His fascination with WeChat was clear in the course of the podcast. He mentioned, “For those who’re in China, you form of stay on WeChat.”
WeChat

Musk desires Twitter to be like WeChat or one thing related

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About WeChat, Musk mentioned, “It does every thing. It’s form of like Twitter, plus PayPal, plus a complete bunch of issues all rolled into one, with an amazing interface.” He then lamented the shortage of one thing related outdoors China. Later, he talked about WeChat to Twitter staff as effectively. Throughout the dialog, he expressed his need to make Twitter one thing just like the Chinese language app.
Twitter

‘Twitter is an accelerant to fulfilling X.com imaginative and prescient’

Musk desires Twitter to be what WeChat is to the Chinese language. When he modified his thoughts about shopping for Twitter earlier this week, he mentioned that Twitter may speed up X by “3 to five years.” He wrote, “Twitter is an accelerant to fulfilling the unique X.com imaginative and prescient.” Twitter may turn into part of Musk’s X imaginative and prescient or may very well be the place the place it begins.
Data

Musk has reacquired X.com area identify from PayPal

Musk is ready for the X app. He has already introduced again the area identify X.com from PayPal. It was the identify of the web financial institution he co-founded in 1999. Additionally, the corporate that’s set to purchase Twitter known as X Holdings.
Twitter Submit

Right here’s what Musk has to say about shopping for Twitter

Potentialities

Musk sees alternative in constructing an ‘every thing app’

For the Chinese language, residing with out WeChat is near unimaginable. An entrepreneur like Musk sees the chance in being the mind behind one thing like that outdoors China. Though he has by no means mentioned what he desires from the X app, we will assume that it will have every thing that may get customers to ‘stay’ on the app.w

 

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Hyperlink: https://www.newsbytesapp.com/information/science/everything-to-know-about-elon-musk-s-x-app/story

Supply: https://www.newsbytesapp.com



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